OTC Markets Group Inc. (OTCMKTS:OTCM - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $50.33 and traded as high as $52.40. OTC Markets Group shares last traded at $52.40, with a volume of 1,302 shares trading hands.
OTC Markets Group Price Performance
The company has a 50-day simple moving average of $52.57 and a 200-day simple moving average of $50.34. The firm has a market cap of $628.95 million, a PE ratio of 23.44, a price-to-earnings-growth ratio of 2.23 and a beta of 0.54.
OTC Markets Group (OTCMKTS:OTCM - Get Free Report) last announced its earnings results on Wednesday, November 6th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.01. The business had revenue of $27.39 million during the quarter, compared to analyst estimates of $27.07 million. OTC Markets Group had a return on equity of 70.24% and a net margin of 24.63%. As a group, equities research analysts predict that OTC Markets Group Inc. will post 2.4 earnings per share for the current year.
OTC Markets Group Announces Dividend
The company also recently declared a dividend, which was paid on Thursday, December 5th. Investors of record on Friday, November 22nd were issued a $1.50 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 11.17%. OTC Markets Group's payout ratio is 32.14%.
OTC Markets Group Company Profile
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OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market. The company's OTC Link Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.
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